About 1015 Grand Avenue
Downtown Glenwood Springs - Rare Income Property! This one-of-a-kind property in the heart of downtown Glenwood Springs offers endless potential and flexibility. The charming front house, built in 1938, features 1 bedroom and 1 bathroom, showcasing classic character and timeless appeal. Zoned for single-family residential or commercial use, this property is ideal for a variety of purposes. Behind the main house sits a well-maintained duplex built in 1997, offering strong rental income history. Each unit includes 2 bedrooms, 1 bathroom, a covered parking space, and a private storage closet. The duplex provides excellent investment opportunities. Enjoy the perfect combination of historic charm, income potential, and prime downtown location--all within walking distance to restaurants, shops, and Glenwood's best amenities. RENTAL INCOME for the 3 units = $7,400/month
Features of 1015 Grand Avenue
| MLS® # | 190664 |
|---|---|
| Price | $1,350,000 |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 3,807 |
| Acres | 0.11 |
| Year Built | 1997 |
| Type | Residential |
| Sub-Type | Residential Income |
| Style | Victorian |
| Status | Active |
Community Information
| Address | 1015 Grand Avenue |
|---|---|
| Major Area | Glenwood Springs |
| Area | 09-Glenwood Proper |
| Subdivision | Townsite of Glenwood Springs |
| City | Glenwood Springs |
| County | Garfield |
| State | CO |
| Zip Code | 81601 |
Amenities
| Utilities | Natural Gas Available |
|---|---|
| Parking | Common |
Interior
| Heating | Hot Water, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Fireplaces | Wood Burning |
| Has Basement | Yes |
| Basement | Unfinished |
| Living Heated Sqft | 3,807 |
Exterior
| Roof | Metal |
|---|---|
| Construction | Other, Frame |
| Foundation | Slab |
Additional Information
| Date Listed | October 24th, 2025 |
|---|---|
| Zoning | MultiFamily |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 24 | Average Price $1,455,696 | Average $/SF $752 | Median $/SF $1 | Listing Price $1,350,000 |